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CAM Claims Processor II - 3DJMZ in Getzville, NY at M&T Bank

Date Posted: 7/10/2018

Job Snapshot

Job Description

FUNCTION:
This position is responsible for the preparation and processing of Conventional Claims.
POSITION RESPONSIBILITIES:
Monitor daily reports outlining workflow and processing needed.
Understand the workflow and upstream processing as well as the difference between the claim types: Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims.
Process/File claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements.
Communicate/interact with attorneys, tax collectors, homeowners associations, prior servicers and utility companies regarding coverage periods of disbursements.
Obtain, prepare and approve invoices for claim filing.
Contact outside entities for back up invoices; including but not limited to water/sewer companies, attorney offices, prior servicers.
Assess invoices to minimize losses and financial exposure to the Bank.
Communicate with attorney's regarding bills, HOA fees due, taxes due and items needed to file Conventional claim.
Research loan history for advances and deposits.
Contact various internal departments for clarification on advances.
Review and consult with the Mortgage Insurance department regarding refunds. Review and consult with the Hazard department on the disbursement of hazard insurance proceeds. Determine if refunds are needed.
Respond to attorney loan level requests.
Ensure system is updated accurately before moving the loan to the next phase of the Claim process.
Research/determine curtailments/losses and what department the curtailment/loss should be booked to.
Upload required documentation into investor systems concerning advances or credits to accounts.
Monitor loans for incoming Claim Funds.
Process investor/security claims.
Follow up with Foreclosure, Loss Mitigation, Bankruptcy, Evictions, Property Preservation regarding losses.
Review and process repurchased/redeemed loans.
Review HOA & Utility billings, obtain unpaid bills, pay bills, follow-up for bills due.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
Promote an environment that supports diversity and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.
NATURE AND SCOPE:
This position interacts with internal M&T Bank departments and external third-parties.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Not Applicable.
MINIMUM QUALIFICATIONS REQUIRED:
A combined 3 years’ higher education and/or work experience, including a minimum of 1 year relevant work experience.
Organized and detail oriented.
Strong verbal and written communication skills.
Strong customer service skills.
Working PC skills including word processing and spreadsheet software.
IDEAL QUALIFICATIONS PREFERRED:
Knowledge of M&T Bank systems.
PHYSICAL REQUIREMENTS:

 

We encourage candidates with relevant military experience to apply.

About M&T

At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.

 
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.